The lawyers for the seven Oregon plaintiffs who previously objected to the Receiver’s settlements with Pacific Premier Bank and Riverview Bank have filed a motion asking Judge Gregerson to reconsider his order approving the settlements. The full motion is available on the documents page. Oral arguments and a hearing have been scheduled for September 22 at 3:30pm, which will take place at this Zoom link: https://clark-wa-gov.zoom.us/j/88569328225?pwd=blVHdHRCbWQ5cHV1SDZ5dzkyOGNPZz09.
Settlement Motion Approved and Next Steps
Judge Gregerson approved the Settlement Motion at the hearing on August 31st. Objectors will have 30 days to appeal the order. The Receiver will continue to work with the Banks to satisfy the remaining conditions of the Settlement Agreement, which will now need to be upheld in the Oregon courts where there is pending litigation.
View the status and next steps of the approval process (PDF).
Settlement Hearing – New Time
The hearing on the bank settlements scheduled for Thursday, August 31, is now set for 3:00 PM. If you have questions or would like to provide feedback to the receiver on the proposed settlement, please email AEMReceiver@hamstreet.net or call Martha Cohn at 503-223-6222.
Settlement Hearing Postponed
The hearing on the bank settlements originally scheduled for this Friday, August 18, has been moved to Thursday August 31 at 1:30 PM to accommodate the Court’s schedule. If you have questions or would like to provide feedback to the receiver on the proposed settlement, please email AEMReceiver@hamstreet.net or call Martha Cohn at 503-223-6222.